Tag: Vietnam HRC
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Vietnam: Imported HRC market subdued, mills may cut prices
Imported HRC offers into Vietnam continued their downward trajectory as buyers continued to seek cheaper material in the overseas markets, considering subdued domestic demand amidst Covid restrictions. A deal was heard to have been concluded for 30,000 tonnes (t) of Russian HRCs to Vietnam at $860-870/t CFR last week. Offers from major exporting nations 1.…